Author Archives: Paul Ausick

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stock market

Verizon, Walmart Lead Dow, Up 17% This Year

The two Dow Jones Industrial Average stocks least affected by Friday's reaction to the Brexit vote were Verizon Communications Inc. (NYSE: VZ) and Wal-Mart Stores Inc. (NYSE: WMT), down 0.44% ...
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Pocket iPhone

Apple Down Over 10% in 2016

Shares of Apple Inc. (NASDAQ: AAPL) reacted no differently from any other equity to the U.K. vote to leave the European Union: the price dropped 2.8%. That was a better ...
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cannabis plants

Marijuana Price Ticks Down Again

For the week ended Friday, June 24, the spot price index for a pound of cannabis decreased 0.5% from $1,978 in the prior week to $1,969. According to the analysts ...
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fracking

Oil Rig Count Fell by 7 Last Week, Hedge Funds Bet Wrong on Brexit

In the week ended June 24, the number of rigs drilling for oil in the United States totaled 330, down by 7 compared with the prior week and a total ...
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market crash

15 Euro Stocks That Lost Over 10% to 25% After Brexit Shock

Thursday's unexpected U.K. vote to walk out of the European Union shocked equity, currency, and commodities markets Friday. The dollar strengthened against both the euro and the British pound and ...
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Stock Price

British Banks Top Friday’s 52-Week Low Club

June 24, 2016: Here are four stocks trading with heavy volume among 119 equities making new 52-week lows in Friday's session. NYSE decliners led advancers by more than 4 to ...
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Stock market tickers

The 4 Stocks That Tanked the Dow Friday

June 24, 2016: Markets opened Friday following the surprise U.K. decision to leave the European Union. The Brexit vote dominated the day's currency, energy, commodities, and equity markets as traders ...
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self checkout

Why Is Wal-Mart the Only DJIA Stock Immune to Brexit?

Of the 30 blue-chip stocks in the Dow Jones Industrial Average, only Wal-Mart Stores Inc. (NYSE: WMT) is showing a gain in Friday trading, up about 0.5% in the noon ...
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Farming

Ag Commodities, Companies Slapped Hard by Brexit Vote

As with commodity markets in energy and basic materials, the U.K. vote to abandon the European Union is taking a toll on agricultural commodities markets Friday morning. So far, at ...
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Gold Mine

Brexit Lifts Gold Mining Stocks to New Highs

The 2016 gold rally just got a shot of rocket fuel from the U.K. vote to leave the European Union.  The massive rally in gold on Friday has also leveraged ...
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Brussels

Brexit Means California Could Soon Be World’s Fifth Largest Economy

Earlier this month, the state of California's GDP passed that of France to become the sixth largest in the world. The country just ahead of California, in fifth place, is the ...
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headlights

What Brexit Means to Automakers

Thursday's U.K. vote to leave the European Union has one certain effect: trade among the nations of Europe will be more complicated. Automakers face some significant issues whether they build ...
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Open pit mine

Freeport-McMoRan Swaps Debt for Equity

In a filing with the U.S. Securities and Exchange Commission (SEC) Friday morning, Freeport-McMoran Inc. (NYSE: FCX) announced a debt-for-equity swap in which the company issued 19.9 million shares of ...
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Stock Price

Valeant Returns in Thursday’s 52-Week Low Club

June 23, 2016: Here are four stocks trading with relatively heavy volume among 18 equities making new 52-week lows in Thursday's session. NYSE advancers led decliners by 4 to 1 ...
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Quotes

The 4 Stocks That Dominated the DJIA on Thursday

June 23, 2016: Markets opened higher for a fourth straight day Thursday, perhaps reflecting investors' belief that Britain will vote to remain in the European Union. All ten stock sectors ...
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